Thames Water has appointed industry veteran Sir Adrian Montague as chairman as the troubled utility provider seeks to shore up public and investor confidence.
The former chairman of Anglian Water and insurance giant Aviva, Sir Adrian will replace current chairman Ian Marchant, who announced in April that he would stand down at the end of this month.without explanation this week, leaving a leadership vacuum at the company and heightening concerns about its viability.in the event of the company collapsing, including effectively taking it into state control through a special administration regime.